Research: Weekly Equity and Derivative Coverage

Weekly snapshot: India’s equity indices closed at all time high levels amid the buying support from rate sensitives and index heavyweights.

Weekly Fund-Flow Activities: FIIs have bought equities worth of Rs 1165.5 cr in while DIIs have bought equities of Rs 6977.7 cr in cash segment during the week.

Indices Performance: Nifty 50 has closed with a gain of 2.02 percent while Nifty Bank performed inline and closed in green zone with a gain of 1.58 percent.

Macro Data: Indian GDP growth data, Chinese manufacturing PMI, U.S. Core PCE Price Index, U.S. Home sales and GDP growth data are the scheduled macro events for upcoming week.

Weekly Outlook: During the upcoming week, market focus is expected to remain on macro data from the major economies. The volatility expected during the expiry week as market expected to be prepared for the Indian Elections verdict and outcome of Exit polls.